Valueless Cheques.
[Wellington Paper.] ; No man has any; right; to issue a cheque purporting -to be payable at any particular time or place unless he is absolutely certain that it will; be met on presentation. -,, Jt needs also a somewhat strong stretph ©(imagination to suppose that an indi?idn,4. whose banking account, at any time, would necessarily 'Delimited, would not be aware whether or not such account was closed.. Apart from thia view of the question, there is certainly, too much laxity displayed by traders m accepting cheques and orders from persons whose.bona fides they do: not inquire into until after the transac-; tion; is concluded.
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Bibliographic details
Manawatu Standard, Volume 3, Issue 72, 1 March 1883, Page 2
Word Count
105Valueless Cheques. Manawatu Standard, Volume 3, Issue 72, 1 March 1883, Page 2
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